Silver coin

Silver coins are possibly the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612-330 BC. Before 1797, British pennies were made of silver.

As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar.

Origins and early development of silver coins

The earliest coins of the western world were minted in the kingdom of Lydia in Asia Minor around 600 BC. The coins of Lydia were made of electrum, which is a naturally occurring alloy of gold and silver, that was available within the territory of Lydia. The concept of coinage, i.e. stamped lumps of metal of a specified weight, quickly spread to adjacent regions, such as Aegina. In these neighbouring regions, inhabited by Greeks, coins were mostly made of silver. As Greek merchants traded with Greek communities (colonies) throughout the Mediterranean Sea, the Greek coinage concept soon spread through trade to the entire Mediterranean region. These early Greek silver coins were denominated in staters or drachmas and its fractions (obols).

Millions of Canadian Silver Maple Leaf coins and American Silver Eagle are purchased as investments each year. The Silver Maple Leaf is legal tender at $5 per ounce and there are many other silver coins with higher legal tender values, including $20 Canadian silver coins. Silver is legal tender in the U.S. state of Utah, and can be used to pay all debts.

Price

Like most commodities, the price of silver is driven by speculation and supply and demand. Compared to gold, the silver price is notoriously volatile. This is because of lower market liquidity, and demand fluctuations between industrial and store of value uses. At times this can cause wide ranging valuations in the market, creating volatility.

Silver Coin

Heard the rattle from the trainSounds of a hundred people,Maybe moreCut through the ropes before you cameI had a dream that you were gone.I'm in the days of throwing rocksWhen I saw your picture on a silver coinStole a kiss through your golden locksI had a dream that you were gone.Woke up and you were goneAll the love has gone awayCos I didnt have the heart or strength to sayI'll miss you when you're goneI'll miss you when you're goneI'll miss you when you're goneI'll miss you when you're goneHeard the rattle from the chainsThis goddamn room it gets so small sometimesI had a dream that you were gone

Silver coin

Silver coins are possibly the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612-330 BC. Before 1797, British pennies were made of silver.

As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar.

Origins and early development of silver coins

The earliest coins of the western world were minted in the kingdom of Lydia in Asia Minor around 600 BC. The coins of Lydia were made of electrum, which is a naturally occurring alloy of gold and silver, that was available within the territory of Lydia. The concept of coinage, i.e. stamped lumps of metal of a specified weight, quickly spread to adjacent regions, such as Aegina. In these neighbouring regions, inhabited by Greeks, coins were mostly made of silver. As Greek merchants traded with Greek communities (colonies) throughout the Mediterranean Sea, the Greek coinage concept soon spread through trade to the entire Mediterranean region. These early Greek silver coins were denominated in staters or drachmas and its fractions (obols).

Latest News for: Buying silver coin

Silver, however, held steady at ₹40,100 per kg on scattered demand from coin makers ...Silver, however, fell 9.13% at $15.39 an ounce ... Silvercoins, however, remained unaltered at ₹77,000 for buying and ₹78,000 for selling of 100 pieces....

Silver, however, held steady at Rs 40,100 per kg on scattered demand from coin makers ...Silver, however, fell 9.13 per cent at USD 15.39 an ounce ... Silvercoins, however, remained unaltered at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.&nbsp; ......

Silver too ended lower by Rs 280 to Rs 40,100 per kg owing to reduced offtake by industrial units ...Silvercoins continued to be traded at previous level of Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces....

Silvercoins continued to be traded at previous level of Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces ...Silvercoins, however, held steady at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces ... Silvercoins, however, remained unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces....

Silver, however, advanced by ₹180 to ₹40,380 per kg on increased demand from industrial units and coin makers ...Silvercoins, however, held flat at ₹77,000 for buying and ₹78,000 for selling of 100 pieces....

Silver, however, declined by ₹300 to ₹40,200 per kg on subdued demand from industrial units and coin makers ...Silvercoins, however, held flat at ₹77,000 for buying and ₹78,000 for selling of 100 pieces....

Silver, however, declined by Rs 300 to Rs 40,200 per kg on subdued demand from industrial units and coin makers ...Silvercoins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.&nbsp; ......

Silver, however, declined by Rs 300 to Rs 40,200 per kg on subdued demand from industrial units and coin makers ...Silver ready ... Silvercoins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces....

Silver too followed the trend and surged by Rs 300 to Rs 40,500 per kg driven by significant increase in demand from industrial units and coin makers ...Silvercoins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces....

Silver too followed the trend and surged by Rs 300 to Rs 40,500 per kg driven by significant increase in demand from industrial units and coin makers ...Silvercoins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces....